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Nov 26, 2012
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believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and, as suggested iother forums as well, but the idea that this president an boehner are coming together to have at least a civil discourse over what in the world we're going to do about the fiscal cliff, six weeks remain, are you any more hopeful as a result of the tone they've taken on the first day of discussion? >> well, i wasn't hopeful with the president's tone, when he said -- >> are you bng partisan here? >> i'm not being partisan, i am being
believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go...
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Nov 29, 2012
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rana, steve, michael and everybody, thank you for watching today. if it's "way too early," it's "morning joe." chuck todd is next with "the daily rundown." >>> together again. mitt romney makes his way to the white house. it's not exactly the way he wanted to get there. but can something constructive come out of a private lunch between president obama and the man he defeated just three weeks ago? that's right. that was just three weeks ago. >>> also this morning, a deep dive into america's longest war. look into lessons learned and the sacrifices made by troops at one combat outpost. tell us about what's been accomplished and what's not in more than a decade of fighting. as the country wakes up obsessed with numbers and winners, for the lottery, that, we've got a very important update on the election night numbers that gave us a winner. they've been changing steadily as the states keep on counting. and some important ways the selection perhaps is now going to get characterized. good morning from washington. it's thursday, november 29, 2012. in case
rana, steve, michael and everybody, thank you for watching today. if it's "way too early," it's "morning joe." chuck todd is next with "the daily rundown." >>> together again. mitt romney makes his way to the white house. it's not exactly the way he wanted to get there. but can something constructive come out of a private lunch between president obama and the man he defeated just three weeks ago? that's right. that was just three weeks ago. >>>...
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Nov 27, 2012
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steve forbes, chairman, editor-in-chief of forbes media with me now. how are you doing, steve. good morning to you. >> how are you, bill? bill: i'm doing fine. hope you had a good thanksgiving too. this is a sad reality for so many millions of americans. if unemployment benefits are scaled back or lost to many of them, do you believe that others believe it could have a significant impact on our economy? >> well, it is not so much the impact on the economy, it is on those particular individuals and in terms of enabling them to get new schools or to take jobs. one of the things that a lot of people are coming to grips with, they're not going to get the kind of job they had before this economic crisis and will have to lower their expectations but on this whole thing on the unemployment benefits, i, that is going to have to be dealt with, obviously as part of the fiscal cliff. i think given all that has to be done, bill, i think the most realistic thing, take everything, extend it for 90 days or 180 days so we don't have the idea we can reform social security, medicare, medicaid, t
steve forbes, chairman, editor-in-chief of forbes media with me now. how are you doing, steve. good morning to you. >> how are you, bill? bill: i'm doing fine. hope you had a good thanksgiving too. this is a sad reality for so many millions of americans. if unemployment benefits are scaled back or lost to many of them, do you believe that others believe it could have a significant impact on our economy? >> well, it is not so much the impact on the economy, it is on those particular...
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Nov 28, 2012
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charlie: we try not to make fun of steve cohen but it is a possibility. it is a possibility -- here is the thing. you have to go back to a 2011 lawsuit by fairfax financial who sued steve cohen saying they would emulating the stock a fairfax. the case is still open but he has been dropped from the case, steve cohen had to give a deposition, fascinating reading. i have read it. one of the more interesting quotes we should put on full screen because it is interesting about what he said. this is what the attorney -- your understanding of the rule is there are times when you are permitted to trade on the basis of material nonpublic information, i can't give you a yes or no answer. liz: hard enough not to perjure himself. charlie: sec capital announced in the conference call the sec staff filed a wells notice recommending charges against sec over insider trading and compliance with what i can tell you government investigators believe and fairfax financial believed because there ii other stuff that steve cohen does not have compliance systems in place to basica
charlie: we try not to make fun of steve cohen but it is a possibility. it is a possibility -- here is the thing. you have to go back to a 2011 lawsuit by fairfax financial who sued steve cohen saying they would emulating the stock a fairfax. the case is still open but he has been dropped from the case, steve cohen had to give a deposition, fascinating reading. i have read it. one of the more interesting quotes we should put on full screen because it is interesting about what he said. this is...
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Nov 28, 2012
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steve hayes for the "weekly standard." kirsten powers, columnist for the daily beast. syndicated columnist charles krauthammer. okay, steve, it seems with republicans splitting that would be a nonstarter. >> yeah. i would think it would be a nonstarter. one of the very few things that democrats could do at this point to get republicans to run away from the table. i think that republicans came up the day after the election and said look, we are open to new revenues an we understand we want to get new re-knews -- revenues to generate new revenues but we are open to new revenues. they thought of that with the hope and expectation that democrats would come with specificity on the spending cuts or entitlen'ts. however naive the expectation might have been. what we are seeing now is the president seeming to be entertaining any of a number of suggestions, including going over the cliff or decoupling. that would avoid, allow him to avoid having to prevent specifics on entitlements and spending on the things that the republicans were hoping could bring them together for some ki
steve hayes for the "weekly standard." kirsten powers, columnist for the daily beast. syndicated columnist charles krauthammer. okay, steve, it seems with republicans splitting that would be a nonstarter. >> yeah. i would think it would be a nonstarter. one of the very few things that democrats could do at this point to get republicans to run away from the table. i think that republicans came up the day after the election and said look, we are open to new revenues an we...
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Nov 28, 2012
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but there's clearly at this point a disagreement. >> and, steve, on the democrat side, the president is saying he's doing all these meetings and traveling over the next couple days to talk with business leaders, to talk to real americans, because frankly, this is something that has a real impact on all of our bottom lines. it's going to hit every american taxpay taxpayer's pocketbook. mitch mcconnell, however, has been critical of what he sees as a pr effort. >> rather than sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail presumably with the same old talking points that we're all quite familiar with. look, we already know the president's a very good campaigner. we continue gratch lit him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement. >> so should the president instead of going on the road be working with members of his own party and get them and republican leaders in a room and maybe, steve, just not let him leave until they have a deal? >
but there's clearly at this point a disagreement. >> and, steve, on the democrat side, the president is saying he's doing all these meetings and traveling over the next couple days to talk with business leaders, to talk to real americans, because frankly, this is something that has a real impact on all of our bottom lines. it's going to hit every american taxpay taxpayer's pocketbook. mitch mcconnell, however, has been critical of what he sees as a pr effort. >> rather than sitting...
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Nov 28, 2012
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jenna: steve harrigan live in cairo on the developing situation. steve, thank you very much. we'll take an in-depth look at the deadlock and the protests over president morsi's latest move. critics suggest there are similarities this political crisis in egypt may have to one that gripped iran more than three decades ago. that resulted in a rise to power of the ayatollah. our panel will weigh in a little later this hour. jon: we are awaiting president obama at the white house. the presidential campaign is over as you know but the theatrics apparently are not. the president is holding an event to put political pressure on republicans as both sides negotiate a deal to try to avoid the coming fiscal cliff. our chief white house correspondent ed henry is live at the white house. so what are we expecting from the president today, ed? >> reporter: jon he is going to meet with business leaders as you say later this hour. he will come out and talk about where he believes these fiscal cliff talks are. you remember on friday he will be in pennsylvania for essentially a campaign-style ev
jenna: steve harrigan live in cairo on the developing situation. steve, thank you very much. we'll take an in-depth look at the deadlock and the protests over president morsi's latest move. critics suggest there are similarities this political crisis in egypt may have to one that gripped iran more than three decades ago. that resulted in a rise to power of the ayatollah. our panel will weigh in a little later this hour. jon: we are awaiting president obama at the white house. the presidential...
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Nov 28, 2012
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> next we have a panel on america and where it is going, steve clemens -- steve clemons is the empress area of washington ideas. >> hey, folks. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic, i want to compliment the museum and tell you how historic this is. this is a jam packed day. the google party is coming up, this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and madeleine albright when she was secretary of state, this is the third time for a during the day session here, this is a great partnership. i think the -- i have a friend here, allen was the founder of circuit city, just apparently wrote the rise and fall of circuit city and to some degree they are uncomfortable truths, when you think of nations and companies, there are rise and fall stories and the united states is so clean not on the fall side but political campaigns are a lousy time to think about the
> next we have a panel on america and where it is going, steve clemens -- steve clemons is the empress area of washington ideas. >> hey, folks. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic, i want to compliment the museum and tell you how historic this is. this is a jam packed day. the google party is coming up, this is one of three times in the history of the museum...
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Nov 21, 2012
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i'm steve clemons, washington editor at large of the atlantic. i want to complement the museum and tell you how historic this is. i know this is a jam packed date. the party is coming up. this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and onetime madeleine albright when she was secretary of state or something coming in to do a teleconference. this is the third time they've opened up and in byrd for i during the day session, so this is a really great partnership. i wanted thank you for doing this. what we are going to do now, i have a friend here somewhere. the founder of circuit city. he has just written a book called the rise and fall of circuits city. to some degree there are uncomfortable truths when you think about nations and companies, certainly rise and fall stories. hopefully the united states is not on the fall side of this, but political campaigns are lousy times did think about the hard truths of what is happening one of the ha
i'm steve clemons, washington editor at large of the atlantic. i want to complement the museum and tell you how historic this is. i know this is a jam packed date. the party is coming up. this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and onetime madeleine albright when she was secretary of state or something coming in to do a teleconference. this is the third time they've opened up and...
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>> i'm steve kornacki. for me of us it's home for the holidays. you get a rare chance to see old friends and distant relatives. the bad news is you get a chance to see old friends and distant relatives. >> i'm making a pledge to my friend grover norquist. you're in "the cycle," and you have my word it's going to be good. >>> the case against ambassador susan rice as a successor to hillary clinton deepens. she went to the hill today to smooth it over with senators mccain, ayotte and graham who criticized her original comments on the deadly benghazi attacks. i picture the conversation between the president and rice going like this. we want you as secretary of state, so go make nice. answer their questions so they stop attacking you and threatening to block your possible nomination. yeah, so how did that work out? >> we are significantly troubled by many of the answers that we got and some that we didn't get. it is clear that the information that she gave the american public was incorrect. >> bottom line, i'm more disturbed now than i was before with
>> i'm steve kornacki. for me of us it's home for the holidays. you get a rare chance to see old friends and distant relatives. the bad news is you get a chance to see old friends and distant relatives. >> i'm making a pledge to my friend grover norquist. you're in "the cycle," and you have my word it's going to be good. >>> the case against ambassador susan rice as a successor to hillary clinton deepens. she went to the hill today to smooth it over with senators...
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. >>> i'm steve kornacki. november 28th, 2012. a date america may remember as the series finale of "the cycle." yeah, w
. >>> i'm steve kornacki. november 28th, 2012. a date america may remember as the series finale of "the cycle." yeah, w
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congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. >>> susan rice has done a great job as our ambassador to the united nations. this decision about my successor is up to the president but i'm very happy he has the opportunity with a second term to make a decision. >> secretary of state, hillary clinton, coming to the defense of his possible successor, u.n. ambassador susan rice. yet, the smear campaign against susan rice continues as more republicans pile on. rice had another tough day on capitol hill today. now, senate republicans are blaming rice for yet another security failure. the u.s. embassy bombings in kenya and tanzania 14 years ago. >> it troubles me so much is the benghazi attack in many ways echos the attacks of those embassies
congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. >>> susan rice has done a great job as our ambassador to the united nations. this decision about my successor is up to...
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Nov 29, 2012
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congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose ♪ i'd be all lost at sea ♪ with no reason to make it through ♪ [ male announcer ] introducing the celebration diamond collection. ♪ if it wasn't for you [ male announcer ] diamonds so expertly cut, we guarantee them for life. zales is the diamond store. let love shine. >>> susan rice has done a great job as our ambassador to the united nations. this decision
congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new...
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Nov 21, 2012
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here's steve. and as always, if for some reason cobbler cannot fulfill his duties as the official white house turkey, gobbler will be waiting in the wings. from here, these two -- from here, these two lucky birds will be swept up in a whirlwind of fame and fortune that will ultimately leave them to mt. vernon where they spend their twilight years in the storied home of george washington and later today, michelle, malia, sasha and i taking not so lucky turkeys to a food bank here in washington, d.c. i want to thank jandyl farms in pennsylvania for donating those birds and like to ask every american to do what they can to help families who are in need of a real thanksgiving this year. tomorrow in the company of friends and loved ones, we will celebrate a uniquely american holiday and it's a chance for us to spend time with the people we care about and to give thanks for the blessings that we enjoy and to think about just how lucky to live in the greatest nation on earth but it's also a time to rememb
here's steve. and as always, if for some reason cobbler cannot fulfill his duties as the official white house turkey, gobbler will be waiting in the wings. from here, these two -- from here, these two lucky birds will be swept up in a whirlwind of fame and fortune that will ultimately leave them to mt. vernon where they spend their twilight years in the storied home of george washington and later today, michelle, malia, sasha and i taking not so lucky turkeys to a food bank here in washington,...
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steve liesman has been analyzing it. it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and business measures came in not too bad, pretty decent. look. durable goods up changed, we expected them to be negative and business investment up 1.7%. consumer confidence up, not too bad a number. chain store sales for the week ending saturday, including black friday. the best saturday or week ending saturday after thanksgiving that i could find back to 1990. case-shiller home prices continue their march upward. look at consumer confidence and the cliff. i want to show you the two-year chart heerz that dip you see in the middle of your screen there, that is the last debacle, the debt ceiling debacle. can't see it here yet. so you don't get excite about the numbers, give you
steve liesman has been analyzing it. it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and business measures came in not too bad, pretty decent. look. durable goods up changed, we expected them to be negative and business...
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he has a steve cam. a camera that films what he's doing so traders can see when to make a trade, what's going on. one indication of his close personal involvement. >> interesting stuff. thank you so much. >>> looking at the markets here again, we're in the green here. a couple quick comments from senator schumer. he did say there is progress being made behind the scenes. waiting for specifics from the gop. but he is confident. this is senator schumer. that a deal to avert the fiscal cliff can, in fact, be reached by christmas. there's a look at the markets right now. perhaps that's what brought the dow back into positive territory. now sits with a gain of 20 points. s&p 500 up one-third of 1%. market's recovering at least part of what they lost during those comments earlier from house speaker john boehner. let's do a market flash now with mary thompson. retail big story today, mar. >> big story. we're watching some of those retail names go down today, scott. a number of retailers actually came in weaker
he has a steve cam. a camera that films what he's doing so traders can see when to make a trade, what's going on. one indication of his close personal involvement. >> interesting stuff. thank you so much. >>> looking at the markets here again, we're in the green here. a couple quick comments from senator schumer. he did say there is progress being made behind the scenes. waiting for specifics from the gop. but he is confident. this is senator schumer. that a deal to avert the...
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bush steve hadley. steve, good to see you. a lot going on. let's talk about iran and the testing of iron dome, at least against short-range rockets. the promise from president obama for more money for more missile defense against the longer range missiles. they already have patriots there, but obviously some more long-range protection as well. what is iran's read now, seeing that morsi and the islamist party has been the guarantor of this cease-fire? does that create more leverage for egypt and less for iran as the mentor to hamas and gaza? >> well, it does give egypt some influence with hamas. they, of course, have the same muslim brotherhood roots. on the other hand, this has been an opportunity for iran, because iran in some sense has been the arming agent of hamas in the same way they have been the arming agent of hezbollah. and it is also viewed by many as proof that israel only makes concessions in the face of threats of violence, which is very much out of the iranian playing book rather than the playbook of fatah or western countries w
bush steve hadley. steve, good to see you. a lot going on. let's talk about iran and the testing of iron dome, at least against short-range rockets. the promise from president obama for more money for more missile defense against the longer range missiles. they already have patriots there, but obviously some more long-range protection as well. what is iran's read now, seeing that morsi and the islamist party has been the guarantor of this cease-fire? does that create more leverage for egypt and...
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Nov 24, 2012
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steve wright's the reality is we no longer depend on true american patriots to overcome the masses of those who will want to hand out. in the next four years will get worse. unless some unexpected event changes the direction of a country may god help us. we end on a light note. an audition tape made by the beetles that was rejected by record producer will go up for auction next week. will probably go down as one of the biggest blunders in business history. the record executive decided against signing the beatles because he is widely reported to have said these groups are o
steve wright's the reality is we no longer depend on true american patriots to overcome the masses of those who will want to hand out. in the next four years will get worse. unless some unexpected event changes the direction of a country may god help us. we end on a light note. an audition tape made by the beetles that was rejected by record producer will go up for auction next week. will probably go down as one of the biggest blunders in business history. the record executive decided against...
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bill: now they think what, steve? >> they think it's time to take some kind of action toward immigration, and of course that had already been on the table, marco rubio had been talking about it. they are going ahead piecemeal, one bill in the house to let foreign immigrants that have higher education have an easier chance at a visa and on the senate side their version of the d.r.e.a.m. act. they are moving forward. let's see if that's all it takes to attract latinos to the republican party, or they should do more or this will help or hurt. bill: thank you. martha: a little background for you on illegal immigration here, according to the center for immigration studies an estimated 28% of all immigrants are here in the u.s. illegally. nearly 7.1 million of them are in the u.s. labor force and roughly 4.4 illegal immigrants in the u.s. are about 30 or younger. bill: a bit later we'll talk to one of the republicans behind the achieve act, senator kay bailey hutchinson out of texas on how the bill could help tackle immigra
bill: now they think what, steve? >> they think it's time to take some kind of action toward immigration, and of course that had already been on the table, marco rubio had been talking about it. they are going ahead piecemeal, one bill in the house to let foreign immigrants that have higher education have an easier chance at a visa and on the senate side their version of the d.r.e.a.m. act. they are moving forward. let's see if that's all it takes to attract latinos to the republican...
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. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king ran, he might be a favorite in the party primary but he would have a hard time winning a general election appealing to a more broad base of voters and my colleague interviewed the governor of iowa, the republican governor, terry branstad who all but urged him to stay out of the senate race. >> and michele bachmann, another tea party favorite. >> it is amazing how michele bachmann's star shining so brightly in the presidential race now barely hung onto her house seat in the last election and she has been talked about as a possible senate challenger to al franken in 2014 but repub
. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king...
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congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> susan rice has done a great job as our ambassador to the united nations. this decision about my successor is up to the president but i'm very happy he has the opportunity with a second term to make a decision. >> secretary of state, hillary clinton, coming to the defense of his possible successor, u.n. ambassador susan rice. yet, the smear campaign against susan
congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or...
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>> steve: yeah. i prodded my -- it didn't work out well for me, but i thought it was humorous. >> jimmy: you shouldn't prod anyone. we have music from a great band, you guys. sun kil moon is on. >> steve: oh, come on! [ cheers and applause ] he's going to kill it tonight. he's a talented guy. guys, i love music. it's a huge part of my life. and i listen to everything. i listen to rock, rap, country, top 40, reggae. [ laughter ] you name it, i got it on my ipod. but one thing i try to keep off my ipod is bad music. you know, songs and bands that are so awful, they make you want to jam a dull knife into your ear. [ light laughter ] so, as a service to you guys, i'm about to play some real songs from real bands that i think you should avoid in a new segment i call "my do not play list." here we go. ♪ do not play do not play do not play these songs ♪ ♪ songs >> jimmy: before we start, i want you all to know every artist and song that i'm about to play for you is 100% real. [ laughter ] these are ac
>> steve: yeah. i prodded my -- it didn't work out well for me, but i thought it was humorous. >> jimmy: you shouldn't prod anyone. we have music from a great band, you guys. sun kil moon is on. >> steve: oh, come on! [ cheers and applause ] he's going to kill it tonight. he's a talented guy. guys, i love music. it's a huge part of my life. and i listen to everything. i listen to rock, rap, country, top 40, reggae. [ laughter ] you name it, i got it on my ipod. but one thing i...
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Nov 29, 2012
11/12
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correspondent steve harrigan is live in cairo where it's early friday morning. hello again, steve. >> egypt constitutional assembly trying to push through a constitution in one day. what is not clear at this point is whether the new constitution will calm down the street protests or inflame them further. a few key elements gleaning from the document, slight limit on presidential power, limiting the president for two terms of office of four years each. so, no rigid code of behavior inside the document. the next step for constitution will be a national referendum in the next two weeks that people have to vote on it. that could be way out of the tough situation last week when morsi said his acts were beyond the judicial review. that ignited street credits there. >> we have to share everything on the table laws. for stable laws and separation of powers. the matters should be independent and will take tim time. >> they stress the faith of each constitution will be decided by the egyptian people. >> it will be up to them whether they need their standard. have a chance
correspondent steve harrigan is live in cairo where it's early friday morning. hello again, steve. >> egypt constitutional assembly trying to push through a constitution in one day. what is not clear at this point is whether the new constitution will calm down the street protests or inflame them further. a few key elements gleaning from the document, slight limit on presidential power, limiting the president for two terms of office of four years each. so, no rigid code of behavior inside...
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Nov 29, 2012
11/12
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stay tuned. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiva is the only once-daily inled copd maintenance trtment that does both. spiriva handihaler tiotropium bromidinhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you ve kidney problems, glaucoma, trouble urinating, or an enlarged prostate. the may worsen with spiriva. discuss all medicines you
stay tuned. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science....
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Nov 29, 2012
11/12
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KRCB
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s billionaire founder, steve cohen, told clients he is confident that he "acted appropriately." well, another big company today authorizing a special dividend in anticipation of higher taxes next year. now it's costco jumping on the dividend bandwagon as a way to beat some of the impact of the fiscal cliff fallout. the wholesale club operator announced a special dividend of $7 a share to investors. it will cost the fi an estimated $3 billion. >> susie: tom, investors like the news. cosco's shares rose more than 6%, or $6, and a gain of of%. >> tom: we've seen a list of companies providing these special dividends, and we'll have more reporting on that tomorrow. today, meantime, in our market focus, some encouragement from capitol hill in the white house over avoiding the fiscal cliff. and the major stock indices head higher. the s&p 500 began the session by moving lower, hitting its lowest level of the day in the first hour. it moved into the green for the session the same hour president obama said they may have a fiscal cliff deal by christmas. the index finished at its high of
s billionaire founder, steve cohen, told clients he is confident that he "acted appropriately." well, another big company today authorizing a special dividend in anticipation of higher taxes next year. now it's costco jumping on the dividend bandwagon as a way to beat some of the impact of the fiscal cliff fallout. the wholesale club operator announced a special dividend of $7 a share to investors. it will cost the fi an estimated $3 billion. >> susie: tom, investors like the...
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Nov 28, 2012
11/12
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. >> steve, if only the market could focus on just the economy, which actually seems to be chugging along okay. if you look at durables, consumer confidence, the ongoing recovery and housing, it's the overhang of the cliff that's spooking everybody. >> yeah, we've had somewhat better numbers. the new home sales today, not great. maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw har
. >> steve, if only the market could focus on just the economy, which actually seems to be chugging along okay. if you look at durables, consumer confidence, the ongoing recovery and housing, it's the overhang of the cliff that's spooking everybody. >> yeah, we've had somewhat better numbers. the new home sales today, not great. maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being...
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Nov 29, 2012
11/12
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, my cousin steve who was killed on 9/11, was my dad's godson. i was in the building when the planes hit, i saw the planes hit from 60 wall street where i worked, and i'll never forget it. that was only blocks from where my father was killed, and i saw the planes hit that killed steve and had to go back to his family that night in new jersey and face my uncle who'd been through it twice. i know how we felt when clinton released these guys, and i can see this happening again. we have to, we have to stop it now because if we don't, a slippery slope. it will slowly gain momentum, and you'll see in the next four years they'll be released. megyn: joe connor, thank you so much for being here. >> thank you for having me, megyn. merry christmas. megyn: and to you. >> thank you. megyn: new support for a plan that could save billions of dollars for u.s. taxpayers, but it would get rid of the dollar bill. up next, could the dollar bill be going away, and what would that mean if it does? >>> and as treasury secretary tim geithner meets with congressional lea
, my cousin steve who was killed on 9/11, was my dad's godson. i was in the building when the planes hit, i saw the planes hit from 60 wall street where i worked, and i'll never forget it. that was only blocks from where my father was killed, and i saw the planes hit that killed steve and had to go back to his family that night in new jersey and face my uncle who'd been through it twice. i know how we felt when clinton released these guys, and i can see this happening again. we have to, we have...
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Nov 23, 2012
11/12
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steve brown is live at the target in chicago, and, steve, what does it look like there? >>> well, it's interesting. if you go to a mall sometimes you get folks that just want to go and sample the atmosphere and have a look around, and sample a bunch of different stores. if you go to a specific store like the target that we're into generally speaking what you get are folks that have a list, know what they are going to get and are out to go get it. there's been pretty consistent foot traffic in this store and we've seen a lot of shopping carts. what we've always discovered is that both from the standpoint of folks working at the stores and the folks shopping at the stores on black friday they like getting the action started early. >> we seem to beat -- we're in the in between crowd, the crazy people that come really early, and then, you know, the people that sleep in. >> we opened up at 9:00pm and we give a lot of thought to that decision, and our guests loved it and we have enough team members especially in a storm like this right here where people volunteered for those s
steve brown is live at the target in chicago, and, steve, what does it look like there? >>> well, it's interesting. if you go to a mall sometimes you get folks that just want to go and sample the atmosphere and have a look around, and sample a bunch of different stores. if you go to a specific store like the target that we're into generally speaking what you get are folks that have a list, know what they are going to get and are out to go get it. there's been pretty consistent foot...
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Nov 29, 2012
11/12
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steve, what's the latest? >>> yeah, there is a lot of interesting stories in the mix at the moment. the big story is still and will remain the fiscal cliff. every time a policymaker on capitol hill or in the white house makes a speech about this or a station to the media, the markets move very aggressively. yes, there is a case in point where boehner and obama said there was progress that could be made towards a compromise. the markets turn around to 220 points on the dow. but on 20 points and the dow having been down 110 closed up 106 points. that's because john boehner said they could well be some progress on a compromise. that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that america
steve, what's the latest? >>> yeah, there is a lot of interesting stories in the mix at the moment. the big story is still and will remain the fiscal cliff. every time a policymaker on capitol hill or in the white house makes a speech about this or a station to the media, the markets move very aggressively. yes, there is a case in point where boehner and obama said there was progress that could be made towards a compromise. the markets turn around to 220 points on the dow. but on 20...
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Nov 29, 2012
11/12
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our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government spending at the federal side. also you had inventories go up. what you didn't have is -- we marked down consumer spending and business spending was negative. i want to do 3%, 3.5%, 4% with strong consumer spending and strong business spending. those will be a sustainable path for the economy. >> can't let you go without a little fed speak. mr. dudley, new york fed chief, speaking this morning. >> some important comments. hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp
our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government spending at the federal side. also you had inventories go up. what you didn't have is -- we marked down consumer spending and business spending was negative. i...
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Nov 25, 2012
11/12
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steve has more. >> reporter: u.s. lawmakers are looking at the moves by the egyptian president with a great deal of waryness, n wt form the democratic government will take. violent clashes continued in cairo for the seventh day in a row with the police using tear gaps with protesters oppose to the president. senator john mccain is saying egypt could pay a price if it takes a more authorityarian turn. appearing on "fox news sunday" with chris wallace, acknowledging that morsi did play an important role in the cease-fire between gaza and israel. >> this is not acceptable. this is not what the united states of america taxpayers dollars respect. he promised the people of egypt democracy when his party and he was elected president. >> reporter: egyptian president expanded his powers and placed himself above judicial oversay the sight after the cease-fire. egypt said it was designed to hold those accountable of those in corruption and crimes in the previous regime. but one leading senator was asked what message president ob
steve has more. >> reporter: u.s. lawmakers are looking at the moves by the egyptian president with a great deal of waryness, n wt form the democratic government will take. violent clashes continued in cairo for the seventh day in a row with the police using tear gaps with protesters oppose to the president. senator john mccain is saying egypt could pay a price if it takes a more authorityarian turn. appearing on "fox news sunday" with chris wallace, acknowledging that morsi did...
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Nov 22, 2012
11/12
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here now is steve maister managing partner at maister selig and fine. welcome back, steve. this is the federal housing administration, right? fha. they are short, you tell me, they are short $56 billion in reserves. that's to me, puts them on the edge. bankruptcy. >> that's right. there's no question as taxpayer bailout coming here. look, the government, obama administration just loves sub prime mortgages. this whole enterprise, this fha, is really a garner to of sub prime mortgages and taxpayers are going to pay big time larry. >> as though we haven't learned anything from $140 billion bailout of fanny and freddy. correct me if i'm wrong, but 40%, roughly, 40% of the loans that they insured just under the last year or two, have been sub prime loans. they haven't learned a thing. >> they haven't learned a thing. or maybe they just don't care. but yes, you're absolutely right. 40% sub prime loans. moreover what it is, is people who have gone through one, sometimes two foreclosures, bankruptcies and have razor thin down payments. for some reason, that i cannot possibly fathom
here now is steve maister managing partner at maister selig and fine. welcome back, steve. this is the federal housing administration, right? fha. they are short, you tell me, they are short $56 billion in reserves. that's to me, puts them on the edge. bankruptcy. >> that's right. there's no question as taxpayer bailout coming here. look, the government, obama administration just loves sub prime mortgages. this whole enterprise, this fha, is really a garner to of sub prime mortgages and...
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Nov 28, 2012
11/12
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more staying than not, steve. you are right. but this could be one of the last meetings that comes amid a flurry of activity here at the white house. the president mounting this public relations campaign. you know, he said washington has to be changed from the outside. you can't do it from the inside and trying to put those words to effect. they have really got the pr campaign going. they started a twitter campaign. they call it my 2 k and you know today it was small businesses from around the country. actually, that's a little bit later. with fix the debt. the coalition of large and small businesses later today. this morning, he met with a lot of middle class folks that written in to the white house at the solicitation of the white house and folks saying they would be adversely affected by the $2,000 and added taxes that would come next year alone for the average family of four if the nation is to go over the fiscal cliff. you know, there was one republican, you talked about the glimmers of hope for a compromise. it's tom cole
more staying than not, steve. you are right. but this could be one of the last meetings that comes amid a flurry of activity here at the white house. the president mounting this public relations campaign. you know, he said washington has to be changed from the outside. you can't do it from the inside and trying to put those words to effect. they have really got the pr campaign going. they started a twitter campaign. they call it my 2 k and you know today it was small businesses from around the...
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Nov 25, 2012
11/12
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couple hundred of years, you had michelangelo and then you fast forward several centuries and you have steve jobs and bill gates, who built the computer. with computing technology and science and art, the sky is the limit. with chemistry, you start with the white canvas and bland art and design with practical use. host: you have a project that was used in the sandy effort. how does that relate? guest: just as facebook brought to light the concept of social networking, everyone of us has a mobile phone. it enables organizations and companies to leverage the crowd of people i am calling everyone -- by empower when everyone -- by empowering everyone with a mobile phone. in real time, his pictures can send the exact location back to a server with a map on it. the picture and the math -- the picture is over late in real time. it enabled decision makers to make meaningful decisions in real time. host: jon iadonisi is the founder of the white canvas group. is a former naval seal. caller: i would like to ask your guests to comment on the recent theft of three-4 million tax record by international ha
couple hundred of years, you had michelangelo and then you fast forward several centuries and you have steve jobs and bill gates, who built the computer. with computing technology and science and art, the sky is the limit. with chemistry, you start with the white canvas and bland art and design with practical use. host: you have a project that was used in the sandy effort. how does that relate? guest: just as facebook brought to light the concept of social networking, everyone of us has a...
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Nov 29, 2012
11/12
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a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic. we're calling this, depending on how we feel that day, either the fiscal cliff. boo. the fiscal slope. hmm. the fiscal fiesta, my personal favorite. or the fiscal follies. this is from the boston celtics' game last night. celtic big man kevin garnett was fouled by brooklyn net kris i was married to a kardashian for five minutes humphries. boston guard rajon rondo didn't like it. both humphries and rondo were kicked out with another net, gerald wallace. i hope the negotiations on the fiscal whatever we call it don't end up like that. are you listening, mr. boehner. >> this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. >> to talk all things politics, we bring in nick from the "new york times." politico is reporting today boehner and the pre
a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic. we're calling this, depending on how we feel that day, either the fiscal cliff. boo. the fiscal slope. hmm. the fiscal fiesta, my personal favorite. or the fiscal follies. this is from the boston celtics' game last night. celtic big...
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Nov 21, 2012
11/12
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>> steve, i very much agree with steve's assessment. we have apple, but they don't make anything in america. that tell us we have a great engine still working, but, again, we made the cost and complexity of doing business in this country prohibitive, and as bill gates said earlier, we don't -- we have not risen our skill base enough to have employees who can earn the high wage that americans need to earn so i think -- i think all though entrepreneurship is part of the solution, and it's been bipartisan to support small business, frankly, i think we have to create an environment that supports all business, and if we're going to take advantage as we have historically on entrepreneurial and innovation success. i come back to the -- a lot of this is blocking and tackling a lot of it is being long term and being strategic, and our -- just aware of it, our business school alumni are all over the world, and they -- the -- our international alumni have been even more answer, -- anxious that the school took it on more and positive. we believe mo
>> steve, i very much agree with steve's assessment. we have apple, but they don't make anything in america. that tell us we have a great engine still working, but, again, we made the cost and complexity of doing business in this country prohibitive, and as bill gates said earlier, we don't -- we have not risen our skill base enough to have employees who can earn the high wage that americans need to earn so i think -- i think all though entrepreneurship is part of the solution, and it's...
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Nov 28, 2012
11/12
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joining me is steve benen. great to have you with us. thanks for your time. these rule changes that harry reid and the senate democrats are talking about, how drastic are they and how much of an effect could they have? >> one might think they are outrageous. in reality, the measures that you identified are modest. for many people who are eager to see major changes in the senate because of its dysfunction, this is something of an underwhelming proposal that we see coming from senate democrats. the kind of changes we'd see are minor. and ultimately the super majorities we have seen become so standard throughout the senate in recent years would remain in place. the changes are actually quite minor. >> do you think it would be enough? i think that harry reid wouldn't be proposing this if he didn't think this was going to remedy the situation. but there's still a way that the republicans could throw up a bunch of filibusters, correct? >> absolutely. the right of the minority to filibuster would be maintained regardless of the forms are adopted or not. harry reid i
joining me is steve benen. great to have you with us. thanks for your time. these rule changes that harry reid and the senate democrats are talking about, how drastic are they and how much of an effect could they have? >> one might think they are outrageous. in reality, the measures that you identified are modest. for many people who are eager to see major changes in the senate because of its dysfunction, this is something of an underwhelming proposal that we see coming from senate...